Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Phemex−0.181%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1261.256% of the position
Funding, last 7 days+0.200%+$20 on $10k
+Price spread, last 2 days (all we have)+0.075%+$8 · spread now −0.181%, 7d avg −0.052%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.129% cheaper against Phemex than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.052%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex CSCOUSDT | 111.77 | 0 | get 0.0000% / 8h | 43m 11s | $1.3M | $36K | 10x |
| Short | Binance CSCOUSDT | 111.57 | 0 | get 0.0000% / 8h | 43m 11s | $723K | $467K | 20x |
Phemex CSCOUSDT
Binance CSCOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Phemex. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.181% → −0.052%
- −$12.86
- Slippage, 4 orders
- −$103.64
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$138.5
- Costs to cover
- 1.256%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 5 min ago; Binance: live order book, 4 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Phemex live order book, 5 min ago | 0.45 bp | 45.4 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 0.45 bp | 17.2 bp −$17 | 53.9 bp −$539 | doesn't fit | doesn't fit |
CSCO on 13 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster CSCOUSDT | 0.0000% | 8h | 111.43 | −0.301% | $4K | $6K | 20x | as long as short |
| Binance CSCOUSDTshort | 0.0000% | 8h | 111.57 | −0.181% | $723K | $467K | 20x | |
| Bybit CSCOUSDT | 0.0000% | 8h | 111.44 | −0.295% | $416K | $65K | 25x | as long as short |
| OKX CSCO-USDT-SWAP | 0.0000% | 8h | 111.55 | −0.197% | $287K | $145K | 20x | as long as short |
| Gate CSCO_USDT | 0.0000% | 8h | 111.32 | −0.403% | $300K | $6K | 25x | as long as short |
| Bitget CSCOUSDT | 0.0000% | 8h | 111.54 | −0.206% | $296K | $59K | 20x | as long as short |
| Variational Omni CSCO | 0.0000% | 8h | 111.56 | −0.187% | $37K | $6K | — | as long as short |
| GRVT CSCO_USDT_Perp | 0.0000% | 8h | 111.51 | −0.236% | $1K | $216K | 10x | as long as short |
| SunX CSCO-USDT | 0.0000% | 8h | 111.56 | −0.188% | $2K | $1.3M | 10x | as long as short |
| HTX CSCO-USDT | 0.0000% | 8h | 111.66 | −0.098% | $6K | $3K | 10x | as long as short |
Aster CSCOUSDT
Bybit CSCOUSDT
OKX CSCO-USDT-SWAP
Gate CSCO_USDT
Bitget CSCOUSDT
Variational Omni CSCO
GRVT CSCO_USDT_Perp
SunX CSCO-USDT
HTX CSCO-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex CSCOUSDTlong | 0.0000% | 8h | 111.77 | long leg | $1.3M | $36K | 10x | |
| KuCoin CSCOUSDTM | +0.0100% | 8h | 111.59 | −0.161% | $322K | $620K | 20x | as long as short |
| Extended CSCO_24_5-USD | +0.0104% | 1h | 111.42 | −0.309% | $234K | $440 | 10x | as long as short |
KuCoin CSCOUSDTM
Extended CSCO_24_5-USD